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WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Tuesday vowed to fight for greater gender equality at the global lender and around the world, telling a packed audience: "Buckle up. It's going to come."
NEW YORK: India wants to comply with global sanctions, including U.S. sanctions on Venezuela and Russia, but also needs to maintain its own strength and strategic interests, Finance Minister Nirmala Sitharaman said in an interview on Tuesday.
CAYAMBE, Ecuador (Reuters) - Ecuador's indigenous leaders, emboldened by their success in derailing IMF-backed fuel-subsidy cuts, have set their sights on high office, but experts say they face formidable obstacles - a small population, infighting and struggles with campaign finance.
WASHINGTON: International Monetary Fund (IMF) managing director Kristalina Georgieva hailed the progress made in the latest round of China-US trade talks as “extremely good news, ” urging the world to grasp the opportunity to achieve “a trade peace”.“I was encouraged by last week’s announcements from the US and China, ” Georgieva said at the opening press conference of the IMF-World Bank Annual Meetings in Washington.
BEIRUT (Reuters) - Lebanon is closer to a financial crisis than at any time since at least the war-torn 1980s as allies, investors and this week nationwide protests pile pressure on the government to tackle a corrupt system and enact long-promised reforms.
WASHINGTON: Group of 20 finance leaders on Friday agreed to set strict regulations on cryptocurrencies such as Facebook's Libra, warning that issuance of such "stablecoins" should not be allowed until various global risks they pose are addressed.
ECONOMIC reforms are often painful in the short term and hence unpopular, but does that mean reform-minded leaders always pay a price at the ballot box?
SEOUL: South Korea's finance minister said economic growth this year is expected to be around 2.0-2.1%, in line with projections by key international organisations but missing the ministry's target set in early July.
BEIRUT (Reuters) - Lebanese Prime Minister Saad al-Hariri agreed on Sunday a package of reforms with government partners to ease an economic crisis that has sparked protests aimed at ousting a ruling elite seen as riddled with corruption and cronyism.
WASHINGTON: The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.